Hellenic American Chamber of Commerce

What it reported doing in 2024

Vasilopita 2024 - january 16, 2024, in-person - spearheaded by the hacc, all greek american organizations (21) came together at the chiotes hall for a celebration of the new year with the traditional cutting of the vasilopita (new year bread) hellenic-american chamber of commerce and norwegian-american chamber of commerce (hacc/nacc) 30th annual shipping conference february 6, 2024 - in-person archestratus & dionysus wine & food event- february 28, 2024 - in-person - guests enjoyed an exclusive santorini wine pairing event featuring paris sigalas of domaine sigalas and oeno, alongside michelin-starred chef alexandros tsiotinis of athens. The evening showcased expertly paired wines with a signature menu celebrating the rich culinary traditions of greece. Carte blanche project- february 29, 2024 - in-person -in cooperation with the consulate general in greece the project showcases the work of artists from greece who live and/or work in New York. This is and initiative to boost their representation and presence in nyc by having bi-monthly art exhibitions held at the consulate general of greece in nyc greece: another view of economic recovery fwa pre-conference New York reception - april 2, 2024 - in-person - the consulate general of greece in New York, in cooperation with the hellenic-american chamber of commerce, hosted a reception to promote the upcoming international business conference (ibc), organized by the financial women's association and scheduled to take place in athens and santorini this may. Gen ai nyc - legal and business roundtable - april 3, 2024 - in-person - a two-panel discussion exploring the practical legal perspective on developments in artificial intelligence, alongside a business-focused panel highlighting specific use cases and projections for 2024. Greek independence day parade april 14, 2024 - in-person a joining of all greek american organizations to commemorate the 203rd anniversary of the greek war of independence re-building 3 real estate and construction event developing in challenging times - april 17, 2024 - in-person - re-building 3 real estate and construction event developing in challenging times an intimate discussion with the founder and president of alchemy properties 72nd annual person of the year dinner dance honoring mr. George economou - may 17, 2024 - in-person - annual gala honoring a person every year on their achievements held at casa cipriani prime minister of the hellenic republic reception - september 24, 2024 - in-person - reception in honor of the prime minister of greece, hosted by all greek-american organizations in New York, held at anassa taverna. Welcome reception for the new consulate of greece to New York ifigenia kanara - october 30, 2024 - in-person - a welcome reception for the newly appointed consul general of greece in New York, ms. Ifigenia kanara, was successfully hosted under the leadership of the hellenic-american chamber of commerce, with the participation of 20 greek-american organizations, held at kyma flatiron archestratus & dionysus wine & food event two - november 6, 2024 - in-person - wine pairing event displaying the finest greece has to offer from chef ahinagoras paired with the wines of karamolegos from santorini with greek music by kutura. Iconic dinner greece induction to the security council of the united nations - november 7, 2024 - in-person - a dinner hosted by the un ambassador of greece to the un in cooperation with the hacc in celebration of the induction of greece to the security council of the un held at the residence of the ambassador of greece to the un

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 88.9%; rating input score 89; 5th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 2 of 8 controls in place; rating input score 25
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -31.3%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 0.39; rating input score 20; 20th percentile among comparable filings
• Liabilities to assets ratio: 0.11; rating input score 26; 26th percentile among comparable filings
• Officer compensation ratio: 31.8%; rating input score 10; 10th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: -3.8% per year; rating input score 0; 12th percentile among comparable filings
• Asset growth: -14.7% per year; rating input score 0; 4th percentile among comparable filings